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AASOC

Auditing and Assurance Standards Oversight Council

About AASOC

The Auditing and Assurance Standards Oversight Council (AASOC) is an independent, volunteer body established in 2002 to serve the public interest by overseeing and providing input into the activities of the Auditing and Assurance Standards Board (AASB).

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Independent Review Committee on Standard Setting in Canada

The Independent Review Committee on Standard Setting in Canada conducted a review of the governance and structure for establishing Canadian accounting, auditing, and assurance standards, as well what might be needed for the future – including sustainability standards. The Committee’s review concluded with the issuance of its Final Report this year. Read their top 5 FAQs as both a reminder and update in advance of coming decisions related to their recommendations – expected in Fall 2023.

Upcoming meetings & events

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December 20, 2023 AASOC Meeting – December 20, 2023 9:00 a.m. - 5:00 p.m. ET

AASOC meetings are open to the public. Join us to learn about Auditing and Assurance Standards Board activities and witness oversight in action. Register to observe a meeting online today!

Meeting & event summaries

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July 6, 2023 AASOC Meeting Minutes – July 6, 2023

The Council met on July 6, 2023, to discuss the activities of the AASB and related matters. Read the meeting minutes for more information.

April 3, 2023 AASOC Meeting Minutes – April 3, 2023

The Council met on April 3, 2023, to discuss the activities of the AASB and related matters. Read the meeting minutes for more details.


February 15, 2023 AASOC Meeting Minutes – September 26, 2022

The Council met on September 26, 2022, to discuss the activities of the AASB and related matters. Read the full report for more information.

News

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August 31, 2023 News
Top 5 FAQs – Independent Review Committee on Standard Setting in Canada Final Report Recommendations

Read these top 5 frequently asked questions as both a reminder and update in advance of coming decisions related to the IRCSS’ Final Report – decisions that will pave the way forward for standard setting in Canada for years to come.

August 3, 2023 News
“Standard setting is a key public interest activity” – A message from our Oversight Council Chairs

Ensuring that standard setting in Canada is adequately resourced and the activities of the AcSB, the AASB, PSAB and the CSSB continue without disruption is of utmost importance, write the Chairs of AASOC and AcSOC, Kevin Nye and Lorraine Moore.


July 25, 2023 News, Volunteer Opportunity
Volunteer Opportunity – Auditing and Assurance Standards Board

Are you interested in being at the forefront of the development of Canadian assurance standards that are fit for purpose and in the public interest? If so, the AASB has a great opportunity for you! Learn more about the role and apply by September 15, 2023.